Pakistan gets pledges worth $9B to help recover after devastating floods

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Pakistan gets pledges worth $9B to help recover after devastating floods
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Dozens of countries and international institutions have pledged over $9B to help Pakistan recover and rebuild from devastating summer floods, Pakistani officials say

UN chief Guterres says people in South Asia are 15 times more likely to die from climate impacts than elsewhere.

Wrapping up a day-long conference at the UN offices in Geneva on Monday, Pakistani Deputy Foreign Minister Hina Rabbani Khar said the final tally came in above a target for the international community to meet half of the estimated $16.3 billion needed to respond to the flooding. “Taken as a whole, these commitments total more than $9 billion and from what we know so far, these are all additional commitments from what was already given in terms of humanitarian assistance, etc.

The Pakistani government has announced plans for independent, outside monitors to make sure that the funds go where they are needed. Achim Steiner, the head of the UN Development Programme, which helped organise the conference, said Pakistan’s government knows contributors will be looking for outcomes such as in the accountability, clarity, efficiency, transparency and effectiveness of the programs that will be funded.

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